Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Short-term Borrowings

Short-term borrowings (borrowings with an original maturity of less than one year) were as follows:

	At December 31, 2019				At December 31, 2018
(Dollars in thousands)	Amount		Weighted-average Rate		Amount		Weighted-average Rate
FHLB advances	$	2,450,000	1.85	%	$	—	—	%
Collateralized deposits	219,145		0.64		—		—
Total short-term borrowings	$	2,669,145	1.75	%	$	—	—	%

Schedule of Long-term Borrowings

Long-term borrowings were as follows:

		At December 31, 2019		At December 31, 2018
(Dollars in thousands)	Stated Rate	Amount		At Amount
FHLB advances due 2020 to 2025 (1)(2)	1.30% - 2.72%	$	1,822,058	$	1,100,000
Subordinated debt:
Subordinated debt obligation due 2022	6.25%	109,338		109,095
Subordinated debt obligation due 2025	4.60%	148,681		148,461
Subordinated debt obligation due 2029	4.13%	148,657		—
Subordinated debt securities due 2032-2035 (3)(4)	3.54% - 5.34%	19,021		—
Hedge related adjustment		2,773		(4,165		)
Total subordinated debt obligations		428,470		253,391
Discounted lease rentals due 2020 to 2024	2.64% - 6.50%	100,882		92,976
Finance lease obligation due 2038	3.73%	3,038		3,105
Total long-term borrowings		$	2,354,448	$	1,449,472

(1)Includes the current portion of FHLB advances of $110.0 million at December 31, 2019.

(2)The December 31, 2019 balance includes advances payable of $1.81 billion and purchase accounting premiums of $12.1 million.

(3)The December 31, 2019 balance includes advances payable of $20.6 million and purchase accounting discounts of $1.6 million.

(4)Floating-rate based on three-month LIBOR plus 1.45% - 3.25%.

Schedule of Maturities of Long-term Borrowings

The contractual maturities of long-term borrowings at December 31, 2019 were as follows:

(In thousands)
2020	$	315,100
2021	1,321,934
2022	146,005
2023	26,308
2024	11,003
Thereafter	534,098
Total long-term borrowings	$	2,354,448